Franklin Templeton seeks SEC approval for new cryptocurrency index ETF

PANews reported on February 7 that according to Reuters, Franklin Templeton Investments said on Thursday that it is seeking regulatory approval to launch a new cryptocurrency index ETF as the asset management company hopes to profit from the cryptocurrency boom after Trump won the US presidential election. Franklin Templeton said in a document submitted to regulators on Thursday: "The fund may not currently hold any digital assets other than Bitcoin and Ethereum. It is not certain whether any digital assets other than Bitcoin and Ethereum will be added to the underlying index in the future." This provides room for Franklin Templeton to modify its ETF after other cryptocurrencies are approved by the SEC.

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